What was the cash flow from investing activities

Assignment Help Accounting Basics
Reference no: EM133061520

Question - The cost of non-current assets as at 1 January 2020 was $825400 and the written down value was 456903. As at 31 December the cost was $989745. An asset which cost $75,500 in 2017 had been disposed of during the year ended 31 December 2020 for proceeds of 19,320. What was the cash flow from investing activities during the year ended 31 December?

A. $164,345

B. $239,845

C. $220,525

D. $108,165

Reference no: EM133061520

Questions Cloud

Political system in united states is broken : In my opinion, the political system in the United States is broken. The Democrats and Republicans have won every presidential election since 1852.
Compute the new price of the bond : Tom Cruise Lines Inc. issued bonds five years ago at $1,000 per bond. These bonds had a 30-year life when issued and the annual interest payment was then 14 per
Compute Dow earnings per share for the year ended December : Dow's net income for the year ended December 31, 2021, was $2,100,000. The income tax rate is 25%. Compute Dow earnings per share for the year ended December
What is the stock price for red inc : What is the stock price for Red Inc.? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
What was the cash flow from investing activities : An asset which cost $75,500 in 2017 had been disposed of during year ended 31 December 2020 for proceeds of 19,320. What was cash flow from investing activities
The yield to maturity on bond : A coupon bond that pays interest of $60 annually has a par value of $1000, matures in 6 years, and is selling today at $600. The yield to maturity on this bond
Reasonable price for a share of gap stock : Analysts forecast next years earnings per share will be $1.82. The appropriate P/E ratio is 17. What is the reasonable price for a share of GAP stock?
Determine the total interest using the us rule : Using ordinary interest - Determine the total interest using the U.S. Rule and Determine the ending balance using the U.S. Rule.
Reasonable price for a share of gap stock : Analysts forecast next years earnings per share will be $1.82. The appropriate P/E ratio is 17. What is the reasonable price for a share of GAP stock?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd